WEBs Defined Volatility SPY ETF (NASDAQ:DVSP) Sees Large Decrease in Short Interest

WEBs Defined Volatility SPY ETF (NASDAQ:DVSPGet Free Report) was the recipient of a significant decline in short interest in February. As of February 13th, there was short interest totaling 82 shares, a decline of 38.3% from the January 29th total of 133 shares. Approximately 0.1% of the company’s stock are short sold. Based on an average trading volume of 2,327 shares, the days-to-cover ratio is currently 0.0 days. Based on an average trading volume of 2,327 shares, the days-to-cover ratio is currently 0.0 days. Approximately 0.1% of the company’s stock are short sold.

WEBs Defined Volatility SPY ETF Stock Down 0.3%

NASDAQ:DVSP traded down $0.09 during mid-day trading on Monday, reaching $26.95. The company’s stock had a trading volume of 108 shares, compared to its average volume of 945. WEBs Defined Volatility SPY ETF has a 1 year low of $19.26 and a 1 year high of $28.23. The stock has a fifty day moving average of $27.51 and a 200-day moving average of $26.83.

WEBs Defined Volatility SPY ETF Announces Dividend

The firm also recently disclosed an annual dividend, which was paid on Monday, January 5th. Investors of record on Tuesday, December 30th were issued a dividend of $0.0754 per share. This represents a yield of 27.0%. The ex-dividend date of this dividend was Tuesday, December 30th.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in WEBs Defined Volatility SPY ETF stock. MML Investors Services LLC purchased a new position in WEBs Defined Volatility SPY ETF (NASDAQ:DVSPFree Report) in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 9,663 shares of the company’s stock, valued at approximately $262,000. MML Investors Services LLC owned approximately 9.66% of WEBs Defined Volatility SPY ETF at the end of the most recent quarter.

About WEBs Defined Volatility SPY ETF

(Get Free Report)

The WEBs Defined Volatility SPY ETF (DVSP) is an exchange-traded fund that mostly invests in large cap equity. The fund tracks an index that primarily invests in the SPDR S&P 500 ETF (SPY), while alternately allocating between total return swaps and cash positions for a target annual volatility rate of 20%. DVSP was launched on Dec 16, 2024 and is issued by WEBs.

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